Group Buying Market to Set an Explosive Growth in Near Future: Groupon, Meituan, Rakuten, GrabOne

According to HTF Market Intelligence, the Global Group Buying market grow with at a CAGR of 5.96% during forecast period of 2024-2030.

The latest research document on "Global Group Buying Market Size, Share, Sales and Forecast 2024-2030" Published by HTF MI with 123+ pages. The Study is segmented by key a region that is accelerating the marketization. Group Buying study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.

Major Key Players in This Report Include:
Groupon (United States), LivingSocial (United States), Meituan (China), Pinduoduo (China), Rakuten (Japan), Coupang (South Korea), DealCurry (India), GrabOne (New Zealand), WagJag (Canada), Gilt City (United States).

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It's crucial you stay up with the latest sectioned by Applications [Retail Industry, Online Shopping Industry, Food Service Industry, Travel Industry, Others], Product Types [Online Group Buying, Offline Group Buying, Group Shopping, Groupon-Style Group Buying, Others] and some significant parts of the business.

Definition:
Buying in bulk allows a group to exert pressure on suppliers to provide a better deal by using their collective purchasing power. Like when a town places a sizable order for fresh vegetables directly from a farmer. Due to the increased sales volume, the group acts as a single, bigger customer, which incentivizes the seller to provide a lower price per unit. This benefits the group members financially while also benefiting the merchant, who sells a larger quantity all at once. By allowing users to create virtual groups and purchase a variety of goods and services at a discount collectively, group buying platforms simplify this process online.

Market Trends:
• N

Market Drivers:
• Online shopping, the growing penetration of smartphones, and a widening variety of products and services

Market Opportunities:
• Artificial intelligence, augmented reality, and influencers

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter's five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.

Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.

Key Points in the Market: The key features of this Group Buying market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.

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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Ganesh Zirpe (Senior Web Analyst)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com

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HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.

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